Articles

Home Building Act

Posted Dec 02, 2015 Home Warranty Insurance and Bankrupt Builders

Kreisson acted for the owners in the recent case of The Owners – Strata Plan 80647 v WFI Insurance Limited t/as Lumley Insurance [2015] NSWSC 1161. The case involved a dispute over whether an insurer was required to indemnify the owners where a builder had been discharged from bankruptcy. The Facts In December 2013, the […]

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Posted Sep 10, 2014 Recent Home Building Act Amendments

On 5 June 2014 the Home Building Amendment Bill 2014 was passed by NSW parliament. Changes to the Act have been introduced to reduce unnecessary red tape for the industry as well as to ensure appropriate protection for consumers. There are over 50 reforms included in the Home Building Amendment Bill 2004. The amendments include […]

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Posted Feb 05, 2014 Defects must be dealt with

Defects must be dealt with Defects are expected in all new buildings with recent evidence indicating that there is a high rate of defects in new strata buildings in NSW. For this reason, it is important that Strata Managers know how to deal with defects as they arise. According to a study undertaken by the […]

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Posted Oct 30, 2013 Review of Home Building Act 1989: Update Position Paper Released September 2013

In September 2013, the Government released a Position Paper which sets out the NSW Government’s Key Proposals for reform to the Home Building Act 1989. The Government intends to give effect to the reforms later in 2013. There are 50 proposed reforms. Here we outline some of the key items which will affect builders of […]

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Posted Jun 27, 2013 Understanding HOW Insurance

June 2013 Home Owners Warranty Insurance is a complex area of law that has had numerous amendments over the years. It is important to be aware of the key dates when managing any building with defects to avoid missing critical deadlines. Introduction As from 1 May 1997, New South Wales has the following 2 schemes […]

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